Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$164M |
| 2 |
PepsiCo
PEP
|
+$159M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$154M |
| 4 |
AT&T
T
|
+$145M |
| 5 |
Fidelity National Information Services
FIS
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$250M |
| 2 |
PPL
PPL Corp
PPL
|
+$240M |
| 3 |
Occidental Petroleum
OXY
|
+$222M |
| 4 |
Lowe's Companies
LOW
|
+$180M |
| 5 |
American Electric Power
AEP
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.86% |
| 2 | Energy | 9.13% |
| 3 | Technology | 8.92% |
| 4 | Consumer Discretionary | 8.64% |
| 5 | Financials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
KB Financial Group
KB
$42.6B
| $307K | ﹤0.01% |
11,135
-47,802
| -81% | -$1.22M |
|
|
GARS
2752
DELISTED
Garrison Capital Inc.
GARS
| $307K | ﹤0.01% |
28,640
-10,921
| -28% | -$122K |
|
|
EVOK
2753
DELISTED
Evoke Pharma
EVOK
| $306K | ﹤0.01% |
417
-9
| -2% | -$4.61K |
|
2754
Anavex Life Sciences
AVXL
$313M
| $305K | ﹤0.01% |
62,188
+47,238
| +316% | +$208K |
|
|
ATRI
2755
DELISTED
Atrion Corp
ATRI
| $305K | ﹤0.01% |
772
-556
| -42% | -$210K |
|
|
MGI
2756
DELISTED
MoneyGram International, Inc. New
MGI
| $305K | ﹤0.01% |
49,894
+28,020
| +128% | +$158K |
|
|
WBT
2757
DELISTED
Welbilt, Inc.
WBT
| $305K | ﹤0.01% |
+20,681
| New | +$301K |
|
2758
Comtech Telecommunications
CMTL
$51.8M
| $304K | ﹤0.01% |
13,028
-161,144
| -93% | -$3.3M |
|
2759
KRONOS Worldwide
KRO
$984M
| $304K | ﹤0.01% |
53,069
+28,021
| +112% | +$146K |
|
2760
Home Bancorp
HBCP
$556M
| $303K | ﹤0.01% |
+11,315
| New | +$291K |
|
2761
iShares North American Natural Resources ETF
IGE
$771M
| $302K | ﹤0.01% |
10,144
-10,085
| -50% | -$274K |
|
2762
Towne Bank
TOWN
$3.38B
| $302K | ﹤0.01% |
15,751
-7,123
| -31% | -$132K |
|
|
ZEUS
2763
DELISTED
Olympic Steel
ZEUS
| $302K | ﹤0.01% |
17,444
-69,362
| -80% | -$824K |
|
2764
Morningstar
MORN
$7.66B
| $300K | ﹤0.01% |
3,400
-27,953
| -89% | -$2.23M |
|
|
MRIN
2765
DELISTED
Marin Software
MRIN
| $300K | ﹤0.01% |
2,366
+682
| +40% | +$89.2K |
|
2766
iShares US Consumer Discretionary ETF
IYC
$1.23B
| $299K | ﹤0.01% |
8,204
-4,576
| -36% | -$158K |
|
|
SIFI
2767
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $297K | ﹤0.01% |
+21,295
| New | +$296K |
|
2768
Weis Markets
WMK
$1.83B
| $295K | ﹤0.01% |
6,538
-1,456
| -18% | -$59.9K |
|
|
MBFI
2769
DELISTED
MB Financial Corp
MBFI
| $295K | ﹤0.01% |
9,099
-204,705
| -96% | -$6.32M |
|
|
PLPM
2770
DELISTED
Planet Payment, Inc
PLPM
| $295K | ﹤0.01% |
+83,545
| New | +$248K |
|
2771
LCNB Corp
LCNB
$278M
| $294K | ﹤0.01% |
+18,278
| New | +$297K |
|
2772
Spok Holdings
SPOK
$235M
| $292K | ﹤0.01% |
+16,666
| New | +$283K |
|
|
MFSF
2773
DELISTED
MutualFirst Financial Inc
MFSF
| $292K | ﹤0.01% |
+11,603
| New | +$285K |
|
|
WW
2774
PUT
DELISTED
WW International
WW
| $291K | ﹤0.01% |
+20,000
| New | +$272K |
|
2775
Forrester Research
FORR
$224M
| $290K | ﹤0.01% |
8,633
-83,010
| -91% | -$2.56M |
|
Similar funds
Millennium Management's Q1 2016 Portfolio in Review
As of Q1 2016, Millennium Management held 4,057 positions worth $40B, down 16% from $47.6B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management withdrew a net $6.85B in Q1 2016, closing 847 positions and reducing 1,408 holdings. Its most notable exit was Walmart Inc, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 12% a quarter earlier, followed by Energy and Technology.
Against the trend, Millennium Management opened a new position in ConocoPhillips worth $174M.
- Millennium Management's largest Q1 2016 buy was ConocoPhillips: 4,324,124 shares worth $174M.
- Millennium Management added most to PepsiCo in Q1 2016, an estimated $159M increase.
- Millennium Management's biggest Q1 2016 reduction was NextEra Energy, cutting an estimated $250M.
- Millennium Management fully exited Walmart Inc in Q1 2016, selling an estimated $142M.
- Millennium Management's ten largest holdings make up 11% of its $40B portfolio in Q1 2016.
- Millennium Management opened 691 new positions and closed 847 in Q1 2016.
- Millennium Management's portfolio value fell 16% quarter-over-quarter to $40B.
Based on Millennium Management's 13F filing for Q1 2016, filed 16 May 2016.